VINE Coin Locks Tokens Until April 20th: What’s Next for Vine’s New Crypto Project?
VINE Coin – In a surprising move that has captured the attention of both the crypto and social media communities, Rus Yusupov, co-founder of the now-defunct video-sharing platform Vine, has launched a new memecoin called $VINE. The announcement has sparked a wave of excitement, with the coin quickly achieving a market capitalization of over $100 million and a trading volume surpassing $380 million.
From Vine to Memecoin: A New Chapter for Yusupov
Yusupov’s tweet introduced the coin, alongside a playful reference to the origins of Vine, the short-form video platform that became a cultural phenomenon before its shutdown in 2017. He shared, “Remembering all the fun we had building Vine — Let’s relive the magic and DO IT FOR THE #VINECOIN”, signaling a nostalgic return to the viral success that Vine once achieved.
To confirm the authenticity of his actions amidst a wave of skepticism, Yusupov posted a selfie with the caption, “I haven’t posted a selfie in ages but here. Not hacked! Just having fun.” The gesture was likely aimed at quelling any doubts about the legitimacy of his new venture.
$VINE Coin’s Meteoric Rise
The $VINE coin has made an immediate impact on the market, with its market cap crossing $100 million in a short span of time. Furthermore, it has recorded over $380 million in trading volume, which has further fueled the buzz surrounding the coin. In an effort to add a layer of security and stability, Yusupov announced that all $VINE tokens would be locked until April 20 at 4:20 PM, with future re-locks continuing until Vine makes its “comeback.”
Vine’s Closure and the Evolution of Yusupov’s Ventures
Vine, once a powerhouse in social media, was shut down by its parent company, Twitter, in 2017, despite its popularity among younger audiences. The closure marked the end of an era, but for Yusupov, it appears to have been the beginning of a new chapter in the world of cryptocurrency.
As Yusupov continues to stir excitement with the launch of $VINE, many are curious about whether the coin can achieve lasting success. Despite the volatile nature of memecoins, the rapid market interest in $VINE speaks to the ongoing fascination with internet culture and crypto trends.
For now, $VINE coin enthusiasts are eagerly awaiting further developments, as the project continues to capture the imagination of those who fondly remember the viral success of Vine.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.
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